‘Outdated recruitment practices’ exclude job seekers with disability, criminal record or older workers February 10, 2022 Outdated recruitment practices should be addressed to tap into more diverse pools of talent, including those who are disabled, have prior criminal convictions and younger and older workers, according to an industry group. The call to action issued by Business in the Community (BITC) comes as analysis shows that there are 3.1m people in the [...]
UK government shakes up Universal Credit in bid to tackle labour shortages, as vacancies hit record highs January 27, 2022 The UK government has said that unemployed people will be expected to look for any sort of work, within weeks of first claiming Universal Credit, if they are unable to find a job in their previous occupation. In an effort to move half a million people into employment by the end of June, the government [...]
Four-day working week pilot launches in UK with 100-80-100 model: Full pay and productivity but 80 per cent of the time January 22, 2022 A four-day working week six-month pilot programme has been launched today in the UK. Participating companies and organisations will trial a four-day week with no loss in pay for employees based on the principle of the 100:80:100 model. This entails 100 per cent of the pay for 80 per cent of the time, in exchange [...]
Four-day working week deemed as antidote to ‘great resignation’ wave January 19, 2022 The four-day working week could the be solution to the post-pandemic ‘great resignation’ wave, according to research from cloud talent creators Revolent Group. The study has shown that 33 per cent of employees expect to leave their employer within the next year, with 28 per cent of them resigning because of work-life balance. More than [...]
UK economic growth hit pre-pandemic levels in November January 14, 2022 The UK’s economy sped up growth in November, before the Omicron variant struck, pushing above pre-pandemic levels for the first time.
Demand for staff swelling: Frantic recruitment efforts as vacancies climb but job candidates dry up January 13, 2022 Demand for staff is growing across the country amid a continued fall in the number of candidates for jobs, new research suggests. Recruiters warned this morning they are placing record numbers of permanent and temporary workers into jobs as demand for staff continues to grow across the country. Meanwhile, the number of available job candidates [...]
Freezing personal allowance and higher rate tax rates will push 1.2m Brits over 40 per cent tax threshold January 7, 2022 New research shared with City A.M. this morning shows that over one million more people will pay a higher tax rate by 2026. The analysis by the House of Commons Library – first published in The Daily Telegraph – says around 1.2m additional workers will find their earnings going over the 40 per cent tax [...]
Combination of Covid, Brexit and transition towards net-zero economy to end decades of declining ‘job churn’ in UK January 6, 2022 Decades of declining “job churn”, which has meant fewer risks and opportunities for workers, is likely to be upended in the decade ahead as the combination of Covid-19, Brexit and the transition towards a net-zero economy brings about major changes in the UK economy, according to a new report. In fact, the view that robots [...]
Half of all UK small businesses to raise prices this year while a third plan redundancies now furlough has ended January 1, 2022 Half of small and medium-sized enterprises in the UK plan to raise their prices this year, with supply chain disruption being the key driver. Moreover, one in three owner-managed businesses plan to make redundancies now the safety net of furlough has been removed, according to new research shared with City A.M. this morning. Those businesses [...]
Staggering 60 per cent of UK employees plan to find new job in 2022 with salary not the most important driver December 29, 2021 The so-called Great Resignation is set to continue into 2022, with a staggering 60 per cent of employees planning to leave their jobs in the next 12 months, according to a new survey shared with City A.M. This is largely a result of over 80 per cent of UK employees feeling less connected to their [...]